“And I think that's the only way that if you're a startup, that's the only way that you're going to, you know, you're not going to be able to pay as much as Google or Facebook at this point. And that's the only way to attract people. Probably.”
quote is from the automated transcript, cleaned for reading:
filler sounds and stutters are removed, nothing is rephrased. names can be misheard
(the analysis reads context, assessments check outside sources). how →
More from Blake Masters
Insight
Masters: Society risks conflating technological progress exclusively with computer innovation
“The more that, that goes we run the risk of just sort of conflating progress with computers and kind of stop, you know, stopping demanding it in all these other, you know, other contexts.”
Blake MastersJan 2, 2019▶ 3:31a16z Podcast | Secrets, Power Laws, and Technology – The Ideas of “Zero to One”
Insight
Masters: Every great business is built on a secret
“When you come out and declare that, like, hey, secrets exist, and every great business is built on a secret, I think it just I think it just shifts the conversation towards a more, you know, taking a more ambitious tilt.”
Blake MastersJan 2, 2019▶ 11:46a16z Podcast | Secrets, Power Laws, and Technology – The Ideas of “Zero to One”
PredictionNot checkable as stated
Masters: Future trajectory hinges entirely on developing new technology
“Actually the future is going to be, you know, radically better. Than what we have now, or it's going to be radically worse, and that's going to hinge on the question of whether we can develop new technology.”
Blake MastersJan 2, 2019▶ 1:21a16z Podcast | Secrets, Power Laws, and Technology – The Ideas of “Zero to One”
AssertionNot checkable as stated
Masters: Tech progress since the 1970s was mostly limited to IT
“And since since the early seventies we think there's been tons of Globalization and limited progress in technology. Almost all that progress has been confined to IT, which of course we know all about in Silicon Valley.”
Blake MastersJan 2, 2019▶ 2:12a16z Podcast | Secrets, Power Laws, and Technology – The Ideas of “Zero to One”
Insight
Masters: 'Disruption' framework is designed for incumbent firms, not startups
“Disruption is a term very much anchored in the vantage point of like bigger firms. The book was written for bigger firms as to how to avoid You know, threats from these technology startups.”
Blake MastersJan 2, 2019▶ 5:17a16z Podcast | Secrets, Power Laws, and Technology – The Ideas of “Zero to One”
Insight
Masters: Focus on becoming the last mover, not a competitor, in an industry
“What you really want to do is, is ignore competition and figure out how you can be the last mover in any industry, how you can define it. You never want to be like a competitive player in social networking. You want to be the company that defines social networ…”
Blake MastersJan 2, 2019▶ 6:42a16z Podcast | Secrets, Power Laws, and Technology – The Ideas of “Zero to One”
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